BCHUSD; No close over 23.6%
Bulls pushed market over the first Fibonacci level at 23.6% but a shooting star ended the run for now. As said in IOTUSD, the febrruary high (blue arrow at 1630) should still see some resistance.
Once above market can progress further to the more significant 38.2% Fibonacci level at 1950. For now, expect some trades between 1055 (horizontal _ Bollinger midline) and 1578/1630. Such consolidation should bode well for a further rise.
Once above market can progress further to the more significant 38.2% Fibonacci level at 1950. For now, expect some trades between 1055 (horizontal _ Bollinger midline) and 1578/1630. Such consolidation should bode well for a further rise.
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